Aspire Faculty ID #11897 · Topic: NIMCET 2024 · Just now
NIMCET 2024

Aryan bought 100 shares of a company at Rs. 50 per share. He paid a brokerage fee of 2% on the purchase. Later, he sold all the shares at Rs. 55 per share and paid a brokerage fee of 2% on the sale. What is Aryan’s net profit percentage on his investment?

Solution

Share Market Math: Net Profit with Brokerage

Buying:

  • 100 shares at ₹50 each = ₹5,000
  • Brokerage (2%) = ₹100
  • Total Cost Price = ₹5,100

Selling:

  • 100 shares at ₹55 each = ₹5,500
  • Brokerage (2%) = ₹110
  • Net Selling Price = ₹5,390

Profit:

  • Profit = ₹5,390 − ₹5,100 = ₹290
  • Profit % = (290 / 5100) × 100 ≈ 5.69%

✅ Final Answer: Net profit percentage is 5.69%

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